Dominion Energy, Inc. (NYSE:D) is considered one of the 12 Best Utility Stocks to Buy for Dividends. The company provides regulated electricity service to 3.6 million homes and businesses in Virginia, North Carolina, and South Carolina, as well as natural gas service to 500,000 customers in South Carolina. Dominion Energy plays a crucial role in Virginia’s Data Center Alley, serving a large cluster of data centers. The company plans to invest over $50 billion by 2029 to support growing power demand. Barclays analyst raised the price target on Dominion Energy from $60 to $63, emphasizing the utility’s strong fundamentals.
Read more at Yahoo Finance: Is Dominion Energy (D) One of the Best Utility Stocks to Buy for Dividends?
